UnitedHealthcare (UHC) health insurance company signage is displayed on an office building in Phoenix, Arizona on July 19, 2023.
Patrick T. Fallon | Afp | Getty Images
Brian Thompson, the CEO of UnitedHealth Group‘s insurance unit, was fatally shot outside the Hilton Hotel in midtown Manhattan on Wednesday morning, in what is believed to be a targeted attack, a person familiar with the matter told CNBC.
UnitedHealth Group canceled its investor day set for Wednesday after reports of the shooting emerged. Thompson led UnitedHealthcare, the largest private health insurer in the U.S.
UnitedHealth Group is the biggest health care conglomerate in the United States based on revenue and its roughly $563 billion market cap. UnitedHealthcare posted more than $281 billion in revenue last year. Shares of UnitedHealth Group rose nearly 1% on Wednesday.
Thompson had worked for United Health for just over 20 years, joining the company in April 2004 after spending nearly seven years at PwC, according to his LinkedIn page. He stepped in as CEO of UnitedHealthcare in April 2021 after serving as the top executive of the insurance unit’s government programs.
Thompson was a resident of Maple Grove, Minnesota and graduated valedictorian at the University of Iowa.
Brian Thompson, CEO of UnitedHealthcare
Courtesy: UnitedHealth Group
The suspect in the shooting is described as using a firearm with a silencer, the person said. The suspect is also described as a white male wearing a black hoodie, black pants, black sneakers with a white trim and a gray backpack, the person added.
A spokesperson for the New York Police Department confirmed that a 50-year-old male was shot in front of 1335 Avenue of the Americas in midtown Manhattan at 6:46 a.m. ET on Wednesday. But the spokesperson did not confirm the identity of the man.
A formal report from the department said upon arrival, the man was unconscious and unresponsive with a gunshot wound to the chest. Emergency medical services responded and transported the man to the Mount Sinai West hospital in critical condition and he was later pronounced deceased.
No arrests have been made and an investigation is ongoing, they added.
Police officers stand near the scene where the CEO of United Healthcare Brian Thompson was reportedly shot and killed in Midtown Manhattan, in New York City, US, December 4, 2024.
Shannon Stapleton | Reuters
A hot dog vendor near the Hilton who was present at 6:30 a.m. ET said he did not hear any gunshots but noticed a sudden swarm of police. A Hilton doorman who began his shift at 7:00 am ET said everything appeared to be “pretty normal” at the hotel. Both people asked not to be named.
UnitedHealth Group was hosting its investor day at the New York Hilton hotel in midtown. The company did not confirm the shooting during its investor day but canceled the event when it acknowledged a “medical situation” with an employee.
“I’m afraid that we – some of you may know we’re dealing with very serious medical situation with one of our team members,” Chief Executive Officer Andrew Witty said during the investor day, according to a transcript. “And as a result, I’m afraid we’re going to have to bring to a close the event today, which I’m sure you’ll understand.”
UnitedHealth Group did not immediately respond to a request for comment.
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— CNBC’s Ester Bloom contributed to this report